Enkronos: New Generation of Blockchain Credit System

Hello! Today I will speak about new Blockchain project Enkronos!

But what is Blockchain?

From a technical point of view, modern crypto industry looks very attractive and very promising. Blockchains, smart contracts, decentralized services have proven their advantages over the classic model of such solutions. Today, already we can observe the beginnings of these technologies in the form of various decentralized ecosystems, which are designed to solve a variety of financial and technicals problem. Thus, the cryptocurrency sphere becomes attractive not only due to the technical leave, but also due to the financial one. As in this industry, these concepts go side by side, and in a cryptocurrency economic model, money is more intelligent than in the classical one, so to speak. And all because all the abundance of various cryptocurrencies rotating сurrently on the market are representatives of certain technologies.

Separate industries carefully master new trends, transfer their databases to the blockchain, and tokenize services. All new is introduced gradually, brought to the ideal in the process of testing and then finds massive use. Cryptocurrenсy instruments have proven their advantages over classical models and their introduction to the masses is only a matter of time. In the meantime, we can observe the first projects that, when they have the courage, strongly offer us innovative solutions, the foundation of which is the blockchain technology, and all operations inside are carried out using smart contracts.

What is Enkronos?

Enkronos is a unique data-based platform with many applications for advertising, marketing, AI and big data. Enkronos applications is focused on centralizing the entire concept of companies that interact with consumers. Many applications and each have their own unique approach to how to interact with the consumer and how to create an environment for creators where they can quickly publish complex solutions. Each solution solves a certain problem, not only responds to a specific problem of the company or the creator of the solution, but also reduces the time required for this to a minimum. Content authors on Enkronos Apps can track reviews from all applications that are in a shared cloud environment. They have the ability to manage all the data sources that the application collects from a single, easy-to-manage panel.

Enkronos Tokens (ENK)

They are utility tokens to be used on the system called the ENK tokens and that would be the only way to access the whole platform. The balances will be updated based on the resource consumption, storage and requests. The tokens would be used for crowdfunding, purchases, payments, investments and also for rewarding supporters of the project.

The token would be of ERC-20 standards and on the Ethereum blockchain. 500 million tokens would be produced and 255 million would be available for sale to the public. 16% of the total tokens produced would be locked. The remaining tokens would be used for bounty and reserves and also given as benefits toteam, founders and also advisers. Revenue generated from the sale would be used for apps integration, development, internal businesses, legal activities, public relation, administrative activities, advertisement.

Conclusion:

Summarizing, I want to say that Enkronos is a rather interesting project related to the sphere where authentication, data protection and reliable transactions are probably the main components of the interaction of players in this industry.

Links:

Website: https://ico.enkronos.com
Twitter: https://twitter.com/enkronos
Whitepaper: https://ico.enkronos.com/wp-content/uploads/2018/05/EnkronosApps_WP_1.4.pdf
Bounty0x username: serg544